There were 802 single family residential homes on the market as of August 1 2019 in the fourteen Lakes Regioncommunities covered by this report. The average asking price was $638,105 and the median asking price was $365,500. Last August there were 863 with an average asking price of $712,535 and the median price point was $372,000. Our current inventory level represents about a six-and-a-half-month supply of homes on the market.

Here’s this month’s edition of the Winni Waterfront Report…There were seventeen Winnipesaukee waterfront properties sold in June 2019. The average sales price came in at $1,268,647 and the median price point stood at $1,117,000. That brings the total number of sales for the first half of this year to sixty-four at an average price of $1,498,796 and a median price of $1,062,000. That total is up a bit from the first half of 2019 when we...

There were 763 single family homes for sale as of June 1, 2019 in the Lakes Region communities covered by this report. The average asking price was $637,473 and the median price point was $349,900. This inventory level represents about a four-and-a-half-month supply of homes on the market.

If you have been following my retelling of the story of Albert and Ethel from the 1958 CBS radio broadcasts of the Couple Next Door in the Lakes Region Real Estate Report, you will remember that they sold their home on their own for what they thought was a lot of money ($27,500.) Now have thirty days to get out. They are looking for an apartment...

The Winni Waterfront Report.
There were just five waterfront sales on Lake Winnipesaukee in March, 2017 at an average price of $1,389,800 and a median price point of $1,450,000. That brings the total for the first quarter of 2017 to 15 sales at an average price of $1,545,173 with a median price point of $1.5 million. That’s a far cry from the 25 sales posted in the first quarter of this 2016. The average sale price for the first quarter...

There were just three sales on Lake Winnipesaukee in February, 2017 but all were over the million-dollar mark. The average sales price came in at $1,525,533 with a median price point of $1,250,000. In February of 2016, there were six sales at an average price of $1,102,833 with a median of $813,500. I suspect the wonderful winter and low inventory levels are contributing to our low production so far…

A series of lawsuits have been filed in Belknap County over the disputed ownership of a tool box containing two gold bars with an estimated value of over $1 million. The cases are expected to be heard sometime early this Spring unless a settlement can be reached. Disclosure of the names of those involved are being withheld for obvious reasons.

The lawsuits stem from the discovery of a tool box during a routine septic inspection at a house in Gilford owned by descendants of...

The 2016 Year End Winnipesaukee and Winnisquam Waterfront Sales Report

We finished the year off on Winnipesaukee with fourteen waterfront sales at an average price of $1,737,750 and a median price point of $1,261,250. That is less than the nineteen transactions posted last December, but it was enough to keep us on track for a little better year overall than 2015.

So here it is, 2017! A new year, a new beginning, and maybe the start of a new kind of housing market in the Lakes Region. Perhaps. Why? Well, there were only 587 single-family homes available in the 12 Lakes Region communities covered by this report as of Jan. 1. The average asking price was $730,679 and the median price point was $289,900. These homes have been on the market for an average of 188 days. The current inventory level represents just a five-and-a-half-month...

There were 104 single family residential home sales in November 1016 in the twelve Lakes Regioncommunities covered by this report. The average sales price came in at $319,840 and the median price point was $205,000. Those numbers are well above last November's 88 transactions at an average of $297,347 and median of $189,950. Pretty exciting!

I grew up in Northern NH in a classic, white clapboard farmhouse that was built in 1799. It was said to be the second oldest house in our tiny little town of mostly modest year round homes, summer cottages, and grand old hotels. Our farmhouse had four rooms on the main level and four bedrooms upstairs. When we moved in there was an unfinished ell that was used for cold storage and a three story barn which obviously had held livestock at some point in the past. The house sat on a typical...

There were 748 single family residential homes for sale as of December 1, 2016 in the twelve Lakes Region communities covered in this report. The average asking price came in at $666,702 and the median asking price point was $294,900. Last December 1st there were 948 homes on the market so that’s about a 21% drop in inventory! At the current sales levels over the past twelve months that means we...